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Search Results 0 to 49 of about 114 (some duplicates have been removed)
FOX News
Oct 6, 2012 9:00am PDT
for what he did and not tie him to ronald reagan. we make a mistake when we look for ronald reagan. we were not looking for lincoln when we found reagan. and we were looking for a landlorder and we found one the other night. >> so many conservatives feel your father set the high bar in the presidential debates. >> i think they probably did. that is the only person they have been able to quote. they had no other republican to quote . now there is another republican. i bruced mitt romney a couplev years ago in the los angeles california club and i said to the group that is there. let's not make the mistake of looking for the next ronald reagan. we may do that and walk past the next great leader of our movement. when you put machine up against ronald reagan. they will fail because it is ronald reagan. let mitt romney have his moment and applaud him and not try to tie him to the past buto. >> why do people say you need that phrase and sentence in a debate that can be remembered for people going forward for the generation toz come. why do you have to have that pivotal moment. >> they are the gam
FOX News
Oct 13, 2012 8:00am PDT
they do it in the november/december period or do it right away. >> ronald reagan said not only tax cuts, but what represented a big tax increase and closing of a number of loop holes that this president has taken to mean that the gipper was for raising taxes. but he closed loop holes because reagan thought it was a sin to use that to avoid paying taxes. do you think that closing loop holes and getting rid of credits and allowance. >> not if it is revenue neutral. that is the key. when i heard about that. we were in japan for an economic summit with the president and someone called and said they have a deal and take the top rates from 50 to 28 percent and i yelled take it. i said tell them we'll take it. >> we look at the numbers. >> it is a big are number. >> and get rid of an awful lot of these things. you take a deal like that any time. >> who said -- you are a pragmatic guy. >> i used to be a supply sergeant. you are a giver and not a taker. >> and pat buchanan one of the finest speakers of the conservative mope e move a hell of a writer, too. >> my senator from my state joins us. to
CNN
Oct 12, 2012 11:00pm PDT
been done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kennedy's plan, enacted after his death, took the top marginal tax rate from 91% to 71% over a two-year period. lots of loopholes, but the growth argument, gdp rose by barely a percent during that time. isn't much when the economy was growing at a rate like china's, but the u.s. was at the time. they got a boost, but not much of one. ronald reagan's first big tax cut went into effect, and the economy did surge. economic growth went from 4.9% to north of 8%. year three, not so impressive. look at quarters, there were some drops. for perspective, today, the top marge call tax rate is 30%, not
FOX News
Oct 7, 2012 12:00pm PDT
republican primary george bush had momentum against ronald reagan until the debate. there was a moment where reagan looked strong. >> john: that moment helped change the campaign. >> read my lips. [ applause ] >> incidents between a hockey mom and pit bull, lip stick. >> others is seize ago moment you didn't expect to happen. >> there you go again. >> most moments so far this election has been poorly fliazed comments. >> if you got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people and put services to people. >> they call them gaffes but the media don't know. when ed uskie lost the '72 primary, everyone said candidates can't cry because that is weak, but then in 2008, hillary clinton cried. >> i have so many opportunities in this country. >> she begin to tear up. her voice cracked. she showed being human. [ applause ] >> this is very personal for me. >> people perceive that as weakness. i think they will. >> it makes her look like the campaign is in trouble. >> the days before, clinton showed was showed ten points behind. the next day she b
FOX Business
Oct 13, 2012 1:00am EDT
clinton. bill clinton. in the 1980 republican primary george bush had moment against ronald reagan, until in the debate in new hampshire, there was a moment where reagan looked strong. >> i am paying for this microphone. >> that moment helped change the mpaign. >> some o some of them you c cr. >> read my lip no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so f this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains. >> the media call those gaffes, but often the media don't know. when ed musky lost the '072 primary because he looked like he teared up defending his wife, everyone said candidates can't career, because at's week, but then in 2008 hillary clinton cried. >> you know, i have so many opportunities from this country. >> she began to tear up.
Current
Oct 12, 2012 5:00pm PDT
got this. >> do you have the specifics. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking back at this it really taxes the way that they come up in these debates. the thing they're not talking about are mitt romney's taxes. the idea that they can look back and talk about taxes and ryan still getting caught with these lies and then the next day saying that's exactly what we meant to say. how does this work, errol. >> a promise has been made. a big broad promise has been made to splash taxes. it's estimated by a reasonable objective
ABC
Oct 7, 2012 8:00am PDT
, by the way, as you know, when tip o'neill was the speaker of the house and ronald reagan was the president of the united states, and they worked together on a very important and significant tax reform. we believe that it's time for that again and that you can do that working across the aisle. obviously governor romney, if he becomes president, would hope to have republican majorities in the house and the senate, but you would have to work across the aisle, and we believe it can be done and there are six studies that show it can. >> but the promise that takes precedence and i do want to move on is about not increasing the deficit. you heard robert gibbs talk about big bird and the targeting of big bird by governor romney. coming out of that pbs cited poll showing it's the most trusted public institution and it only takes about 0.01% of the federal budget and not seeing big bird show up. was it a mistake to target him? >> george, it wasn't a targeting. it was a, you know, just pointing to one example. as you know, governor romney would move us toward a balanced budget with a 5% cut in nonsec
MSNBC
Oct 12, 2012 5:00pm PDT
of congressman paul ryan. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected should those that believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or interrupting a guy who's lying to america? >> it was openly contemptuous and disrespectful. >> karen finney on the right wing freak-out over joe biden's knockout performance. >> ever felt that way where you just want to deck somebody? >> an obnoxious drunk. i think somewhere during the debate he took ridlin. >>> good to have you with us tonight, folks. thanks for watching. what did we see? we witnessed a schooling on the issues by vice president joe biden last night. it really was the shot in the arm the democrats and the progressives were hoping for. after watching mitt romney get away with lie after lie last week, the vice president wasn't put
CSPAN
Oct 6, 2012 10:20pm EDT
done with jimmy carter, jump away from him. i couldn't do that to ronald reagan now, next year, or any other time. i have too much trust in him, i have too much friendship for him, and i would feel very uncomfortable doing that. >> some now claim he disagreed privately with jimmy cart's -- carter's decision to improse the grain emming. -- embargo. where, in your judgment, does loyalty end and principle begin? >> you can't have the united states of america out there looking over his shoulder wondering whether his vice president is going to be supporting him. mrs. ferraro has quite a few differences with vice president mondale. and i understand it when she changed her position on gas tax. she voted to end the grain embargo. if they win, and i hope they don't, but if they l win, she will have to accommodate his views, but she will give the same kind of loyalty i'm giving president reagan. one, we are not that far apart on anything. he also knows i won't be talking about him to the press, or i won't be knifing in the back by leaking to make me look good and complicate the problems for the
CSPAN
Oct 7, 2012 6:00am EDT
the leader of cyprus and the leader of the free world, ronald reagan in terms of meeting. the soviet union will meet with a lot of different people. we have been in close touch with those who have met with the leaders of the soviet union. that is quite different than meeting with the president of the united states. the soviets say, we will have a meeting when there has been progress. yet they left those talks. i would like to correct my opponent on the walk in the woods. it was the soviet union that was unwilling to discuss the what in the woods. representative ferraro mentioned the inflexibility on -- of our position on strategic arms. we tried to reduce the ss-18's and those weapons. there is flexibility. that is an important point in terms of negotiations. >> congresswoman, he that taketh away, must give back. you will have the to menace our a rebuttal. but you rob me of my follow-up. -- > >> you rob me of my follow-up. >> representative ferraro, how can you convince the american public that the world will be a safer place under ferraro- mondale. ? >> what you can do is look at what we
FOX Business
Oct 10, 2012 8:00pm EDT
" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but first the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to following, you better drink again. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition
FOX Business
Oct 10, 2012 11:00pm EDT
, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but fst the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to ♪ [ male anuncer ] how do you turn an entrepreneur's dream... ♪ into a scter that talks to t cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. new pink lemonader bus5-hour energy?e, 5-hour energy supports e avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. neil: we have a problem, prices set to hit recording home heating pri
FOX Business
Oct 11, 2012 8:00pm EDT
debate did for ronald reagan, including one particular one. jimmy carter, how he came back from a shaky one against walter mondale, for paul ryan and looks up to ronald reagan, do you think he is take anything lessons from him, things he will imitate? >> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows he was concerned about his safety, that it could blow up, and legally it should be investigated, and warrant the hiring of a special prosecutor. do you think it blows up to be that big of an issue, and do you think it will come up in this debate. >> it may come up, i think that the administration is in a very tough position, they have two answers, which wer
CSPAN
Oct 7, 2012 9:00pm EDT
to be keefe justice by ronald -- to be chief justice by ronald reagan. both times these memos come up. both times he outright denies the sentiment you're describing, and you basically portray him as outright lying. and you think rehnquist, do you think william rehnquist ever faced that lieover was he in denial as he got further? >> guest: i think he was in denial. i think he was in denial. the situation in 1971 is that the hearing record is basically closed. >> host: uh-huh. >> guest: he's testified, he's so slick and smart and excellent in his parrying of these questions both in 1971 and again when he's nominated in 1986 to become chief justice. the senators, birch, bayh, ted kennedy, people that are -- joe biden, they don't lay a hand on him really. so he's so excellent at parrying these questions. and the hearing record in '71 is closed, and then suddenly shortly before the vote is to take place on rehnquist and also on louis powell who was up at the same time -- >> host: right. >>ing the um, shortly before that a vote is to occur, "newsweek" magazine -- the supreme court reporter for "n
FOX News
Oct 9, 2012 2:00am PDT
his relacks to the -- reaction to the presidential race. it compared mitt romney to ronald reagan. he believes the campaign will play out like the reagan carter race did. >> i have always thought that romney was some what in the position that ronald reagan was back in 1980 that people were looking for a change. carter had faced all of these difficulties, you know, the iranian hostage double dig get misery index in many respects worse situation than obama faces politically. yet they were neck and neck going in. people were looking for a reason to change. there was this irresponsible cowboy that the media had painted really wroul mqualify a serious candidate and people saw it i think to a certain extent dynamic is playing out of here. >> thompson also went on to say he believes all of the obama camp has right now in the election is the power of the income ben see and money. >> let's talk weather now. first degree update with maria molina. >> it is chilly out there? >> it is chilly across the great lakes and the midwest. we have a chunk of the country that has temperatures a little below
MSNBC
Oct 7, 2012 9:00am PDT
debate. nixon was better in the second, gerald ford came back, ronald reagan came back after the disaster. and one assumes that president obama is doing the homework to make sure it happens. >> so johnathan, giving what larry describes here, does this mean the president has to come back and do just a solid debate performance or does he have to blow the socks off this one? >> just a solid performance. you know, he does have a lead, he lost, at most, two points. one to two points out of this last week, so he is going to be going in at this next debate, unless something else happens, which is not likely. you know, with a four-point lead, possibly. so if he can just deliver a solid performance, he will be fine. the danger for him is over compensating. so they talked about al gore, when he was sighing, and demeanor was not good, gore over-compensated again in the third debate, so that is something that people who have had a poor debate performance have to worry about. >> larry, i want to ask you about this very quickly, the next debate style will be town hall. we talked about how the president
FOX News
Oct 6, 2012 1:00pm PDT
, though, like ronald reagan, in his re-election effort, the unemployment rate had gone -- gone down by 1.4%. >> gregg: from 10.8% down to 7% and after his re-election down to 5. >> the last year prior went down 1.4 point and now, it has gone down 1.2 points and momentum is important and where you are, is not where we want to be but people can sense the momentum and see where it is going. >> gregg: john, you brought up the reagan comparison and he had interest rates almost 20% and runaway inflation and none of that afflicted this particular president. in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january we lost 741,000 jobs and if that trend continued, we almost had a second great depression
FOX News
Oct 9, 2012 10:00am PDT
's reagan?" you have got to be kidding. the reality is no, he's not ronald reagan. ronald reagan had core values. you saw those in the debates. you saw that in his life. i don't think barack obama has core values at all. he listens to whoever is talking to him and espouses the talking points. is barack obama ronald reagan? i know ronald reagan. he was my father and friend. barack is no ronald reagan thank god. megyn: we had scott on a couple weeks ago when he was one of the lone pollsters showing this a tight race. whenever that seems to happen, scott, they seem to take shots at you as somebody who is not reliable and does haven't good polls. even though -- even though now all these polls are showing what you are showing -- the republicans put out today a list of the polls that show this race tightening and it's across the pollsters showing this race tightening in all the states you mention. despite here, here is what chuck todd said about you. >> we spent a lot more money polling than scott rasmussen does. >> he was right the last couple elections. >> he got it right at the end. you guys
CSPAN
Oct 6, 2012 10:00pm EDT
and elevated to chief justice by ronald reagan. both times these memo's come up, both times he outright denies the sentiment you are describing and you basically portray him as outright lying. do you think william rehnquist ever faced that lie or was he in denial even as he got further? >> guest: i think he was in denial. i think he was in denial. the situation in 1971 is that the hearing record is basically closed. he is testifying -- he is so slick and smart and excellent and his questions both in 1971 and again when he is nominated to become chief justice. the senators birch bikeby, ted canady, joe biden, they don't lay a hand on him early and so he is so excellent that perry and these questions and the hearing record of 71 is closed and suddenly shortly before the vote is to take place on rehnquist and also one lewis powell who is was up at the same time, shortly before that the vote is to occur but after the hearings are closed "newsweek" magazine, the supreme court reporter for "newsweek," really great guy, he comes up somehow with this memo from the jackson files, the memo relating to b
CSPAN
Oct 11, 2012 9:00pm EDT
. >> do you have the specifics? >> look at what ronald reagan and tip o'neill and dead. the work together to lower tech -- looking but ronald reagan and tip o'neill dead. -- did. we raise about $1.20 trillion to income taxes. we forgo about $1.10 trillion in loopholes and deductions. denied those loopholes and deductions to hire in, tax payers. so we can lower tax rates across the board. >> i hope i am going to get time to respond. >> we want to work with congress on how best to achieve this. >> no specifics. >> lower tax rate 20%. start with the wealthy. >> you guarantee that this matter will add up. -- math adds up. >> let me have a chance to translate. i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to
CSPAN
Oct 13, 2012 8:00pm EDT
, ronald reagan from california, the first george bush from texas and bill clinton from arkansas and the second bush from texas. so 2008 is in some ways a watershed election it's in being the four-year period of sunbelt dominance. there were issues that were critical in the politics that developed, they came out of the sunbelt and they tended to have a conservative back to them. they tended to be oriented around history of strong national defense, of an opposition to unions and the defense of free enterprise politics and also in the sunbelt, and the south and southwest that we see the rise of the 1970s when we come in to talk about religious rights, the rise of evangelical and fundamentalist involve political process in a new political way. thurmond was at the forefront of all of those issues in his own politics on national defense. he was a staunch anti-communist and played an important role in anti-communist politics -- policies and was one of the things that led him to switch parties in 1964. here's a key figure in opposing labor unions and he did so alongside people like eric
WHUT
Oct 11, 2012 6:00pm EDT
? it was ronald reagan. back in the late 1980's, he and gorbachev came within inches of a bilateral deal to begin to eradicate the world, to save the world from these nuclear- weapons. now having said that, the thing that essentially prevented the deal were the false claims made by the nuclear weapons laboratories. in this particular case, los alamos' sister laboratory in california, but false claims being made over star wars. that essentially is what prevented ronald reagan from friendly striking a al with gorbachev to rid the world of nuclear weapons. but i use this to point out the ongoing roll of the three nuclear weapons laboratories in this country, and the ignored it, and i would say unfavorable influence, that they have not only on national, but international nuclear weapons policies. >> who runs the lab now? >> specifically is being run for the government bought a limited liability corporation, which is for-profit, which is a change since 2006. but the two dominant partners in this limited liability corporation for the bechtel corp., a famous for attempting to take over the water system
CSPAN
Oct 12, 2012 6:00am EDT
bipartisan agreement. >> do you have the specifics? >> look at what ronald reagan and tip o'neill did. we raise about $1.20 trillion through income taxes. we forgo about $1.10 trillion in loopholes and deductions. deny those loopholes and deductions to higher income tax payers. so we can lower tax rates across the board. >> i hope i am going to get time to respond. >> we want to work with congress on how best to achieve this. >> no specifics. >> lower tax rate 20%. start with the wealthy. >> you guarantee that this math adds up. >> let me have a chance to translate. i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and cap
MSNBC
Oct 11, 2012 5:00pm PDT
's going to take advantage of it just like the hostage crisis in ronald reagan. i think that's what we are seeing now. they see an opportunity and they're trying to take advantage of it. where we should be having a legitimate, serious discussion about the direction of foreign policy in this country with serious ideas on the table yet there are no serious ideas on the table put up by mitt romney or paul ryan. >> stephanie cutter, deputy campaign manager from the obama campaign. busy night for you. thanks for spending some of it with us. we appreciate your time. >> thank you, rachel. >> we're counting down to the start of the vice presidential debate tonight. we have one distinct advantage here at msnbc. there's somebody among us right here at msnbc who has personally spent hours debating policy one-on-one with congressman paul ryan for real. that person is ezra klein, msnbc analyst. you should stay tuned to hear what ezra has learned from that very unique experience with one of the combatants in tonight's debate. stay with us. this is msnbc's live coverage of the vice presidential debat
CSPAN
Oct 11, 2012 7:00am EDT
years old. in 1965, i went to work making men's dress pants. when ronald reagan got into office, he started regulating everything. before he got out of office, missouri was losing its shoe factories. in 1991, our factory closed and sold as several others. -- and so did several others. these people are not for the american people. they are out for the rich people in this country and i think it is sad when a democrat gets into office, they turn into bullies. they don't want the democrats to get a thing done. i think it is so pathetic. they are getting paid to work for this country and instead they are just a bunch of bullies. host: what about her sentiment? guest: i think vice president joe biden is interested in these issues. one thing he has worked and in the by president say is a task force or a commission -- in the vice presidency is a task force to work on this. these issues about jobs being exported and jobs leaving and about diminished security for the middle-class -- the questions that joe biden has thought a lot about. at a general level, he would be quite comfortable talking
CNN
Oct 11, 2012 6:00pm PDT
in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small business. let's look how sincere
CSPAN
Oct 6, 2012 11:50pm EDT
weapons and see what ronald reagan has been able to do with the i.n.f. treaty, and i think he deserves great credit with that one. i see a situation where the senator from indiana has now jumped off the reservation when we talk about building on what ronald reagan has done and opposes what reagan wants to do, the next treaty. i think that's a mistake. i think you have to deal with the russians from strength and we have to understand that you have to have a strong modernized nuclear deterrent. but i think we can make a substantial progress and we ought to take advantage. i think he has arrived at a very dangerous judgment in the question of war and peace, and it concerns me very much. because i saw him also try to sab sabotage the i.n.f. treaty when it was on the floor of the u.s. senate with what he was doing there. he's listening once again to the winds of the radical right. >> senator. >> my light was still on, judy. >> john margolis, a question for senator quayle. >> senator quayle, i want to go back to the matter of qualifications, which i think for mome most people is more than ju
CNBC
Oct 9, 2012 9:00pm EDT
, should be ashamed of themselves. >> this from ronald reagan's old budget director, architect of the largest tax cut in american history? >> it's rank demagoguery. we should call it for what it is. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at two of the topics dominating the american economic landscape: jobs and taxes. first, we meet with president obama's so-called jobs czar. then we visit a struggling town in the heartland. and finally, we take a look at a controversial income tax initiative in washington state. in the first decade of the 21st century, big american firms cut around 3 million jobs in the u.s., while adding almost as many overseas. no company went global more aggressively than general electric, the conglomerate that makes everything from refrigerators to m.r.i. machines to jet engines. yet as lesley stahl reported in october 2011, when president obama was looking for someone to help get americans back to work, he recruited a most unlikely candidate: the republican ceo of general electric, jeff immelt. >> the mood is dark. peo
CSPAN
Oct 12, 2012 1:00am EDT
ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair. that is fair. do you think these guys are going to go out there and cut the loopholes? the biggest loophole they take advantage of is the carriage entrance loophole and the capital gains loophole. the reason that the american enterprise study, the tax policy center study all say taxes will go up on the middle-class is it is the only way you can find at $5 trillion and loopholes as to cut the mortgage deduction for middle-class people, take away their ability to get a tax break to send their kids to college. >> is he wrong about that? >> he is wrong about that. and cut tax rates by 20% and still preserve important preferences for midd
FOX Business
Oct 12, 2012 9:20am EDT
a couple of times. >> it's never been done before. >> jack kennedy-- ronald reagan. >> oh, now you're jack kennedy. >> and he got it wrong. george w. bush lowered rates and when they did the treasury went up. and the other hot topic was libya. >> this benghazi issue would have been a tragedy in and of itself, unfortunately it's indicative of a broader problem. what we're watching on our tv screens is the unravelling of the obama foreign policy which is making the war more chaotic and us less safe. >> joe biden says the administration did not know about the request for more security in libya, but a day earlier the state department official in sworn statement said more security had been requested and denied. and when asked about it, president obama said, quote, i didn -- and after that, said i didn't catch that exchange. and the opening bell on wall street. here we go. >> stocks will open pretty flat this morning, a day after the debate. we've got one news item, a number from the government in the background here, it's the producer price index up. 1.1%, month over month and that's a big inc
FOX News
Oct 6, 2012 11:00pm PDT
'neill and ronald reagan worked together some years ago. when ronald reagan ran for office, he laid out the principles he was going to foster. he said he was going to lower tax rates. he said he was going to broaden the base. have you said the same thing, simplify the tax code, broaden the base. i want to bring down the tax burden on middle-income families. i will work with congress to say, what are the ways to bring down deductions? one way would be to have a single number -- make up a number, 25,000 -- 50,000, anybody can have deductions up to that amount. and that number disappears for high-income people. one could follow bowl etion-simpson and make deductions that way. there are alternatives to the objective i have, which is to bring down rate, broaden the base, simplify the code and create incentives for growth. with regard to health care, you have remarkable details with regard to my pre-existing plan. you studied up on my plan. i do have a plan for pre-existing conditions. what we did in massachusetts is a model for the nation -- state by state. i said that at that time. the fede
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